Boutique luxury lodge in Kaikoura has been placed on the market
A boutique luxury lodge in Kaikoura has been placed on the market, allowing a new owner-occupier to take over a profitable business while living in one of New Zealand’s most spectacular landscapes.
Manakau Lodge was established in 2012 by Neil and Eileen Protheroe, who identified a niche in the Kaikoura market for a top-end lodge.
They drew on 40 years of experience in the tourism and hospitality industry – as well as extensive travels in the UK, Europe and New Zealand – while devising the thoughtful design and layout of the lodge.
Located in a commanding rural position on the doorstep of Kaikoura, the private setting provides stunning views of the sea and the surrounding mountains.
Now trading impressively, Manakau Lodge is ready for a new owner as the Protheroes look to take life a little slower.
The freehold property, chattels and business are offered for sale by asking price through Colliers International. The owners invite offers over $1,650,000 plus GST, if any.
Director Shane O'Brien says it is a superb opportunity for an owner-operator or investor.
“Built to the highest of specifications, the purpose-built lodge has four luxurious guest rooms with an ample dining room, cosy sitting area with feature open fire, and kitchen and storage facilities.
“The detached and generously proportioned owner’s residence is a substantial modern home with living and entertaining at its core, but it could also be used for additional accommodation.
“The business itself is trading well, with a formidable reputation and extensive international guest nights driven by a commitment to quality in every aspect of the business.
“The lodge has a strong internet presence, and all websites and marketing material form part of the sale.”
Each guest room has a sumptuous large bed, tastefully appointed ensuite, lovely soft furnishings, internet connected Smart TV and a patio with sea or mountain views.
Built of quality, low-maintenance materials, the naturally coloured decor complements the lodge’s rural environment.
O’Brien says all four lodge rooms enjoy very high occupancy rates and the business shows outstanding returns.
However, there is still potential to add value and increase business performance.
“Opportunities could include expanding as a corporate retreat, introducing an evening dining experience or building up the winter trade from an already impressive business foundation.
“There is also scope to convert the owner’s residence into a venue or more accommodation. Although ideally suited to family living, the beautifully designed residence has generous entertaining areas that could easily be incorporated into the business.”
The residence offers three to four large bedrooms, three ensuites with tiled showers, a study, media room, and a large entertainers’ kitchen with adjoining dining and living areas, beautifully positioned to the sun and mountain views.
There is also a double garage and fitted laundry room.
Located at 198B Parsons Road, Kaikoura, the property sits on 2.0822ha of land.
O'Brien says an early takeover is available to allow a new owner to capitalise on the heavy summer bookings that are already in place.
“Eileen and Neil are justifiably proud of what they have created and are excited by the opportunity to see the business grow even further.”
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